ANZ Raises Oil Price Forecast as Market Tightens on Iran War

Oil-market balances are now more fragile than at the start of the Middle East conflict, and any flareup after the US midterm elections will push prices higher, according to ANZ...

By Weilun Soon · Bloomberg Markets

Oil-market balances are now more fragile than at the start of the Middle East conflict, and any flareup after the US midterm elections will push prices higher, according to ANZ Group Holdings Ltd.